6 bedroom block of apartments for sale

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6 bedroom block of apartments for sale

Essoldo Close, Manchester, M18
£315,000

Our Summary

  • **INVESTMENT OPPORTUNITY** A portfolio of 3 x 2 Double Bedroom apartments in this secure gated development, very well located in M18
  • All the apartments are rented out on monthly rolling contracts with a income of £1,965 per calendar month = £23,580 per annum and with great scope to increase this rental level

Description

This investment opportunity presents a portfolio of three 2-bedroom apartments in a secure gated development, located in M18. The apartments are currently rented out on monthly rolling contracts, generating a total income of £23,580 per annum. With scope to increase the rental level, this property offers a lucrative investment opportunity. The apartments are being sold on long leases of 999 years from 2004, with 978 years remaining. The portfolio is available for sale as a whole for £315,000, or individually for £105,000 per apartment.